Abu Dhabi Finance
Abu Dhabi Finance (ADF), in which Mubadala holds a 52 percent stake, has rapidly consolidated its position in the Abu Dhabi mortgage market, providing approximately 30 percent of all home loans offered in its first year of operation.
ADF started operations in October 2008, a year of challenging market conditions, to stimulate the residential property sector in Abu Dhabi, offering mortgages with loan-to-value ratios as high as 85 percent and with a rate as low as 5.75 percent.
Among ADF’s innovative offerings is a product which allows private villa owners in Abu Dhabi to release up to 80 percent of the value of their completed properties or properties under construction in equity.